Element Solutions Inc (ESI) average volume reaches $1.35M: Are the Stars Lining Up for Investors?

Element Solutions Inc (NYSE: ESI) started the day on Wednesday, with a price increase of 0.82% at $23.32, before settling in for the price of $23.13 at the close. Taking a more long-term approach, ESI posted a 52-week range of $17.53-$25.81.

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In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was 4.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 7.41%. This publicly-traded company’s shares outstanding now amounts to $241.53 million, simultaneously with a float of $221.87 million. The organization now has a market capitalization sitting at $5.64 billion. At the time of writing, stock’s 50-day Moving Average stood at $24.15, while the 200-day Moving Average is $21.54.

Element Solutions Inc (ESI) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Specialty Chemicals Industry. Element Solutions Inc’s current insider ownership accounts for 8.31%, in contrast to 91.39% institutional ownership. According to the most recent insider trade that took place on Feb 28 ’24, this organization’s SVP, Electronics sold 9,500 shares at the rate of 23.40, making the entire transaction reach 222,300 in total value, affecting insider ownership by 36,229. Preceding that transaction, on Feb 15 ’24, Company’s President and CEO sold 6,579 for 23.20, making the whole transaction’s value amount to 152,633. This particular insider is now the holder of 726,399 in total.

Element Solutions Inc (ESI) Earnings and Revenue Records

Element Solutions Inc’s EPS increase for this current 12-month fiscal period is 7.41% and is forecasted to reach 1.57 in the upcoming year.

Element Solutions Inc (NYSE: ESI) Trading Performance Indicators

Let’s observe the current performance indicators for Element Solutions Inc (ESI). It’s Quick Ratio in the last reported quarter now stands at 2.69. The Stock has managed to achieve an average true range (ATR) of 0.53. Alongside those numbers, its PE Ratio stands at $44.02, and its Beta score is 1.32. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.42. Similarly, its price to free cash flow for trailing twelve months is now 20.46.

In the same vein, ESI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.53, a figure that is expected to reach 0.33 in the next quarter, and analysts are predicting that it will be 1.57 at the market close of one year from today.

Technical Analysis of Element Solutions Inc (ESI)

If we take a close look at the recent performances of Element Solutions Inc (NYSE: ESI), its last 5-days Average volume was 1.82 million that shows progress from its year to date volume of 1.34 million. During the previous 9 days, stock’s Stochastic %D was recorded 33.77% While, its Average True Range was 0.55.

Raw Stochastic average of Element Solutions Inc (ESI) in the period of the previous 100 days is set at 54.23%, which indicates a major rise in contrast to 11.08% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.95% that was higher than 22.34% volatility it exhibited in the past 100-days period.